I put 1000$ down out of 1500 due to finance a car, there were no signed arrangements when the remaining 500 was due. Now the dealership wants us to return the car, they keep the 1000, and are saying they will report a repo on our cred
by 
Erin
ANSWERS: 2
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I'd say this depends on how long it's been. if you put 1000 down a year ago, I'm amazed they waited this long, if it was a week ago, they're being arses. Ideally, you'd have the 500 right now and you could pay it and solve the problem. If not, maybe loan, sell plasma, whatever you can... you might have to talk to a lawyer, but this might be within the bounds of small claims, if they're really being unreasonable.
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If it is a BUY HERE PAY HERE place, UNFORTUNATELY they can do WHATEVER THEY PLEASE. Although it is the only choice for those CREDIT CHALLENGED, it is the most outrageously expensive way to buy a car. It's not unusual for these guys to buy / repo / resell the SAME car SEVERAL TIMES, making THOUSANDS on a car they paid , say $1500 for, and they'll get their intial purchase price THEY PAID with YOUR DOWN PAYMENT, so ALL PAYMENTS are generally PROFIT, sometimes over and over again! BUT, they also have to deal with some NIGHTMARE customers they have to chase every week/month for payments, so they do EARN their $$$$ regardless of how unsavory a business it is.....SGT
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